Navellier & Associates Inc. increased its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 21.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 7,843 shares of the railroad operator’s stock after purchasing an additional 1,370 shares during the quarter. Navellier & Associates Inc.’s holdings in Union Pacific were worth $1,789,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of the business. Roble Belko & Company Inc raised its stake in Union Pacific by 26.8% in the fourth quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock worth $49,000 after buying an additional 45 shares in the last quarter. Pflug Koory LLC raised its stake in Union Pacific by 0.5% in the fourth quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock worth $1,954,000 after buying an additional 45 shares in the last quarter. Baron Wealth Management LLC raised its stake in Union Pacific by 3.3% in the fourth quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock worth $321,000 after buying an additional 45 shares in the last quarter. Regatta Capital Group LLC raised its stake in Union Pacific by 2.8% in the fourth quarter. Regatta Capital Group LLC now owns 1,672 shares of the railroad operator’s stock worth $381,000 after buying an additional 46 shares in the last quarter. Finally, True Link Financial Advisors LLC raised its stake in Union Pacific by 1.2% in the third quarter. True Link Financial Advisors LLC now owns 4,016 shares of the railroad operator’s stock worth $990,000 after buying an additional 47 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.
Insider Buying and Selling at Union Pacific
In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the company’s stock in a transaction on Friday, January 24th. The shares were sold at an average price of $250.00, for a total value of $1,875,000.00. Following the sale, the president now directly owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction on Monday, January 27th. The shares were sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the completion of the sale, the executive vice president now directly owns 26,319 shares in the company, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is owned by corporate insiders.
Union Pacific Price Performance
Union Pacific (NYSE:UNP – Get Free Report) last announced its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same quarter last year, the firm earned $2.71 EPS. On average, equities research analysts predict that Union Pacific Co. will post 11.99 EPS for the current year.
Union Pacific Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be issued a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.18%. The ex-dividend date is Friday, February 28th. Union Pacific’s payout ratio is 48.33%.
Analysts Set New Price Targets
UNP has been the subject of a number of recent research reports. Benchmark boosted their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Susquehanna cut their price target on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Stifel Nicolaus lifted their price target on shares of Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, January 24th. BMO Capital Markets lifted their price target on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Finally, Citigroup lifted their price target on shares of Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a report on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $261.40.
View Our Latest Analysis on UNP
About Union Pacific
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.
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